Scalper1 News
58.com (WUBA) late Wednesday gave a revenue outlook that missed Wall Street expectations, and shares of the company often called the “Craigslist of China” fell Thursday, though its Q2 beat. The company’s Q2 membership and mobile traffic zipped up as Internet usage continues to rise in the world’s most populous nation. Revenue rose 84% from the year-earlier quarter to $64.6 million, topping analyst views for $62.7 million. It earned 13 cents per Scalper1 News
Scalper1 News